Making investment decisions is not an easy one. But with Suncor, you're tied to a company with a long history in the oil sands industry. That gives us an advantage over our competition; we understand the social, environmental and economic challenges associated with being an oil sands developer and are in a strong position to balance risk with reward.
Along with that legacy, we're a growth company with extensive upside potential. In fact, we have
more growth opportunities than we can immediately execute. Our plans include expanding our oil sands production capacity by 10 to 12 per cent per year over the next decade and continuing to develop renewable energy sources that will make a greener tomorrow.
Financial Highlights
Figures are taken from page 1 of Suncor Energy's 2009 Annual Report.
- Non GAAP measures.
- Includes captialized costs related to major projects in progress.
- Excludes captialized costs related to major projects in progress.
- The increase in debt levels as a result of the merger with Petro-Canada has caused our net debt/cash flow from operations measure to increase significantly, as the calculation only includes five months of cash flow from operations relating to legacy Petro-Canada operations.
- The increase in capital employed as a result of the merger with Petro-Canada has caused our return on capital employed measure to decrease significantly, as the calculation only includes five months of results relating to legacy Petro-Canada operations.